Gujarat State Fertilizers & Chemicals consolidated net profit rises 142.26% in the March 2021 quarter

Sales decline 6.57% to Rs 1740.41 crore

Net profit of Gujarat State Fertilizers & Chemicals rose 142.26% to Rs 149.84 crore in the quarter ended March 2021 as against Rs 61.85 crore during the previous quarter ended March 2020. Sales declined 6.57% to Rs 1740.41 crore in the quarter ended March 2021 as against Rs 1862.86 crore during the previous quarter ended March 2020.

For the full year,net profit rose 310.50% to Rs 450.11 crore in the year ended March 2021 as against Rs 109.65 crore during the previous year ended March 2020. Sales declined 2.10% to Rs 7634.06 crore in the year ended March 2021 as against Rs 7797.98 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1740.411862.86 -7 7634.067797.98 -2 OPM %8.237.83 -7.484.07 - PBDT205.92131.44 57 712.14311.87 128 PBT161.5387.88 84 534.94140.92 280 NP149.8461.85 142 450.11109.65 310

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